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Ausgrid Deploys Itron's IntelliFLEX DERM Solution to Secure Grid for Millions in Eastern Australia

feedReported by GlobeNewswire
Sentiment info
Positive
Importance info
7
Price
$91
Mkt Cap
$4.125B
52W Low
$88.57
52W High
$142
Market data snapshot near publication time

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Itron is extending its collaboration with Ausgrid, the largest electricity distributor on Australia's east coast, to deploy its IntelliFLEX Low Voltage Distributed Energy Resource Management System (LV DERMS). This solution is designed to manage Consumer Energy Resources (CERs) such as rooftop solar and battery systems for millions of consumers, ensuring grid reliability and compliance with new market requirements in New South Wales. This deployment reinforces Itron's long-standing partnership with Ausgrid and demonstrates the company's ability to provide critical technology for grid modernization and stability in a region with high renewable energy adoption. Investors should monitor the successful implementation of the DERMS solution and potential future expansions of this strategic partnership.


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Mar 23, 2026, 12:36 PM EDT
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Mar 18, 2026, 6:30 PM EDT
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